Read on to know about a Javascript SEC Filings API that will help you work faster!
The United States Securities and Exchange Commission (SEC) is responsible for ensuring that the US securities market is operated in a fair and honest manner. Its mission is to promote investment, protect investors, and maintain fair and efficient markets. It regulates the issuance of securities, the trading of securities, and the operations of the securities market.
If you are a financial institution and must submit periodic reports to the SEC concerning your company and its stakeholders, including shareholders, bondholders, or loaners, you must submit an electronic submission using EDGAR (Electronic Data Gathering, Analysis and Retrieval).
SEC filings include periodic reports such as 10-Qs and 10-Ks, which are annual reports filed by public companies to present financial data: as well as 13-F filings, which public pension funds must submit to disclose their equity holdings.
Electronic submissions are used for both types of reports; these forms are known as 8-Ks. 7-A forms are used by corporations that wish to issue dividends. 15D filings must be made by those who wish to transfer the shares of a company. These documents are known as SC 13Ds when filed by third parties.
These documents contain extensive information about the companies’ business operations and financial situations; therefore, they are quite valuable for those seeking information about different companies or for those who want to invest in them. The problem is that these filings are not easy to read; there is just too much information in them that it might be difficult for one to understand it all.
That’s why many platforms have began using APIs which helped them simplify the work with SEC filings. The first question is then: What is an API? An application programming interface is a standardized interface that allows programs to communicate with each other without having to understand how they work internally. APIs can serve as an intermediary between two systems or an interface between a user interface and a business logic layer.
There Are Many Types Of APIs Available On The Internet But Not All Of Them Are Easy To Use And Integrate Into Your Project. Fortunately, There Exists A Javascript API That Will Parse SEC Filings In A Simple And Effective Manner! SEC Filings API: How It Works This Javascript API will provide all the needed information from SEC filings in a matter of seconds! Its main function is to retrieve the latest filings from US
This API will provide all the SEC filings based on their stock codes or Central Index Key.